CATHERINE BOOTH RESIDENCE INC A NC CORP (EIN 562324754) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

ROLAND COX

Phone

4047281300

Tax Period

2023-10-01 to 2024-09-30

CATHERINE BOOTH RESIDENCE INC A NC CORP, founded in 2003, is a small nonprofit in the Human Services sector that reported $767K in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $685K left a modest 11% surplus.

Mission

PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY, HANDICAPPED AND DISABLED.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $259,264

Program Service Revenue $291,491

Investment Income $216,608

Other Revenue $0

TOTAL REVENUE $767,363

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $567,783

Other Expenses $684,926

TOTAL EXPENSES $684,926

Year-over-Year Comparison

	2023	2022	Change
Revenue	$767,363	$534,504	+0.4%
Expenses	$684,926	$672,489	+0.0%
Net Income	$82,437	$-137,985	-1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$683,978

Total Directors

$1,216,584

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBORAH SEDLAR	DIRECTOR / VICE PRESIDENT	1.00	Officer Director	$0	$59,465	$289,295
GENE HOGG	DIRECTOR	1.00	Director	$0	$39,153	$78,958
JAMES SEILER	DIRECTOR / TREASURER	1.00	Officer Director	$0	$27,499	$155,385
JANICE RIEFER	DIRECTOR	1.00	Director	$0	$57,726	$111,416
KELLY IGLEHEART	DIRECTOR / PRESIDENT	1.00	Officer Director	$0	$38,945	$102,325
LEE AUVENSHIRE	SECRETARY	1.00	Officer Director	$0	$0	$0
LEON FERRAEZ	DIRECTOR / SECRETARY	1.00	Officer Director	$0	$0	$31,968
MARK ISRAEL	DIRECTOR	1.00	Director	$0	$37,684	$182,110
PHILIP SWYERS	DIRECTOR / ASSISTANT TREAS	1.00	Officer Director	$0	$35,757	$105,005
RONNIE RAYMER	DIRECTOR	1.00	Director	$0	$30,219	$160,122
CHARLES POWELL	FORMER DIRECTOR / FORMER S	1.00		$0	$0	$23,366
JAMES ARROWOOD	FORMER DIRECTOR	1.00		$0	$0	$12,957
STEPHEN MORRIS	FORMER DIRECTOR	1.00		$0	$24,233	$63,527
TODD HAWKS	FORMER DIRECTOR	1.00		$0	$36,793	$346,351
WILLIAM MOCKABEE	FORMER DIRECTOR	1.00		$0	$0	$89,424
WILLIS HOWELL	FORMER DIRECTOR / FORMER PRESIDENT	1.00		$0	$17,413	$99,085

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$767,363	$684,926	$4,233,351	$82,437
2023	$534,504	$672,489	$4,123,659	$-137,985
2022	$483,519	$682,155	$4,260,325	$-198,636
2021	$475,815	$662,999	$4,463,134	$-187,184
2020	$503,990	$616,458	$4,635,639	$-112,468
2019	$455,796	$601,572	$4,775,530	$-145,776
2018	$425,696	$624,675	$4,925,643	$-198,979

CATHERINE BOOTH RESIDENCE INC A NC CORP